Jinhua Chunguang Technology Co.,Ltd Reports Earnings Results for the Half Year Ended June 30, 2020
August 27, 2020 at 08:31 am EDT
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Jinhua Chunguang Technology Co.,Ltd announced earnings results for the half year ended June 30, 2020. For the half year, the company announced sales was CNY 301.221 million compared to CNY 244.246 million a year ago. Operating income was CNY 58.465 million compared to CNY 54.093 million a year ago. Net income was CNY 48.783 million compared to CNY 45.589 million a year ago. Basic earnings per share from continuing operations was CNY 0.36 compared to CNY 0.34 a year ago.
Jinhua Chunguang Technology Co., Ltd is a China-based company which is mainly engaged in research and development, manufacture and sales of clean electrical hoses and fittings. The Company mainly provides hose and accessory integration solutions for cleaning appliance manufacturers. The Companyâs hose products mainly include flexible hoses, extruded hoses, blown hoses, plastic hoses and composite wound hoses. The Company's accessories mainly include water tanks, reels, floor brushes, elbows, water bags, connectors and handles. The Company's products are mainly used in cleaning appliances such as vacuum cleaners, hanging machines, dishwashers and outdoor cleaning industrial dust removal systems.